The European Managing Agency controlled a large sector of the Indian Industries.

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An Intiative by Sri Chaitanya

Bird Heiglers & Co.

Andrew Yule

Jardine Skinner & Co

All of the above

answer is D.

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Detailed Solution

Bird Heiglers & Co, Jardine Skinner & Co., and Andrew Yule were the European Managing Agencies with significant control over the Indian industry.
They were entrusted with specific tasks. The following were the duties they carried out:

The capital was raised through European Managing Agencies. By subsidising India, they took on the role of venture capitalists.

They created joint-stock corporations and oversaw their operation.

Most of the time, Indian financiers provided the funding, and European Agencies made all investment and business choices. Indian businesspeople were not permitted to join the chambers of trade to which the European industrialists and merchants had access. These agencies thus contributed significantly to Indian industries.

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